KGHM Polska Miedz (WAR:KGH) Cash-to-Debt : 0.30 (As of Dec. 2023)

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What is KGHM Polska Miedz Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. KGHM Polska Miedz's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.30.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, KGHM Polska Miedz couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

The historical rank and industry rank for KGHM Polska Miedz's Cash-to-Debt or its related term are showing as below:

WAR:KGH' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.08 Med: 0.14 Max: 0.36
Current: 0.3

During the past 13 years, KGHM Polska Miedz's highest Cash to Debt Ratio was 0.36. The lowest was 0.08. And the median was 0.14.

WAR:KGH's Cash-to-Debt is ranked worse than
81.07% of 2636 companies
in the Metals & Mining industry
Industry Median: 17.875 vs WAR:KGH: 0.30

KGHM Polska Miedz Cash-to-Debt Historical Data

The historical data trend for KGHM Polska Miedz's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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KGHM Polska Miedz Cash-to-Debt Chart

KGHM Polska Miedz Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.14

0.36

0.35

0.18

0.30

KGHM Polska Miedz Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.18	0.30	0.38	0.26	0.30

Competitive Comparison of KGHM Polska Miedz's Cash-to-Debt

For the Copper subindustry, KGHM Polska Miedz's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

KGHM Polska Miedz's Cash-to-Debt Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, KGHM Polska Miedz's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where KGHM Polska Miedz's Cash-to-Debt falls into.

KGHM Polska Miedz Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

KGHM Polska Miedz's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	1702	/	(964	+	4761)
	=	0.30

KGHM Polska Miedz's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	1702	/	(964	+	4761)
	=	0.30

KGHM Polska Miedz (WAR:KGH) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

KGHM Polska Miedz Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of KGHM Polska Miedz's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

KGHM Polska Miedz (WAR:KGH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » KGHM Polska Miedz SA (WAR:KGH) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

KGHPF:USA 0O8D:UK KGHA:Germany KGH:Czech Republic

Address

48 M.Sklodowskiej-Curie Street, Lubin, POL, 59-301

Website

https://www.kghm.com

KGHM Polska Miedz SA engages in copper ore mining and copper production primarily in South-Western Poland. The company also produces precious metals such as silver, which is typically used for coins, jewellery, photography products and industrial purposes. The bulk of group revenue is generated through copper sales, and the remainder is primarily through sales of silver, while a minor portion is generated through the production of gold, salt and casting of light metals. The materials are sold domestically, and exported to Germany, China, the U.S., the United Kingdom and the Czech Republic, among many other European nations. KGHM Polska Miedz SA is also involved in construction and engineering, through its wholly owned subsidiary Bipromet SA.

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